Impact Fusion International Inc (IFUS)

[jimr1717]

🏆️ IFUS DD Updated >>, Marc Walther was found liable in a securities fraud lawsuit...

Complaint:
https://drive.google.com/file/d/1Wpk0lRCJaTOI3dmR_BeSNw6eWtnTt71s/view

Judgement: $397,744.50
https://drive.google.com/file/d/1nZjmmsmCwJlFwm9TR6NvokHH1H3K01uK/view?usp=sharing

And Marc Wallther has been the sole person putting together the disclosure statements. No accountant, no auditor.

Worthless...

That lawsuit was also never publicly disclosed. There is a HUGE gap in the disclosure statements between 2011 and 2018. With statements between 2019 and 2021 extremely lacking.


Marc Walther doesn't pay his bills or judgments either.



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Another one for fraud... Vito V. Florio vs Marc Walther. This one quite detailed and a doozie...

https://drive.google.com/file/d/1_sjflJICDGkVpJ2wUU7UUSrCplnGo4zF/view?usp=sharing

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I'll just set this right here...

HYGN and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther
March 20, 2009 14:18 ET
| Source: HydroGenetics, Inc.

MIAMI, March 20, 2009 (GLOBE NEWSWIRE) -- Hydrogenetics, Inc., (Pink Sheets:HGYN) announced today that a Florida State Court Judge in Miami, Florida on March 9th granted an emergency injunction against fired CEO Marc Walther, enjoining him from acting on behalf of the company as an officer and director or making representations to this effect. In the order, the judge ruled that Walther likely would cause irreparable harm to the Company if the injunction was not entered. Walther was fired for cause from both Hydrogenetics, Inc. and Xynergy Holdings, Inc., but refused to step down from the Companies.

The Company is still pursuing damages in Miami-Dade County Florida Circuit Court Against fired CEO Walther for Breach of Fiduciary Duty and intends to seek damages and other relief based on the claim that he fraudulently and improperly issued a massive number of Preferred Shares to himself and a personal friend, Rhonda Windsor, after he was terminated by a majority of the shareholders for cause. The Company deems the preferred shares that were issued by Walther in an attempt to gain control of the Company to be void for the failure of Walter to comply with applicable law. The Company is exploring additional claims related to his acting wrongfully as CEO after being fired.

https://www.globenewswire.com/en/news-release/2009/03/20/394417/11087/en/HYGN-and-Shareholders-Prevail-as-Judge-Imposes-Injunction-Against-Fired-CEO-Marc-Walther.html

https://www.otcmarkets.com/otcapi/company/financial-report/27597/content
.
On January 15, 2009, after notifying Walther of his removal for cause, the company, filed with the Secretary of State of Nevada showing the removal of Walther and his replacement, Ronny Halperin.

On January 16, 2009 the company discovered that Walther, purporting to act as a director, created Series B Convertible Preferred Stock, 250,000 to one voting rights and without shareholders approval, issued it to himself and Rhonda Windsor, his personal friend 45,000,000 shares each as reflected in filings filed with the State of Nevada, one day after he was removed. The filing also changed the address of the corporation. The company has not moved

On January 26, 2009 the Company filed a lawsuit in the Circuit Court of the 11th Judicial Circuit, in Miami-Dade County against the former CEO and director Marc Walther. In part, the court has been requested to uphold the rights of the majority shareholders to vote Walther out of office and to require Walther to return all corporate documents and records that Walther improperly and illegally removed from the corporate office. Further the court is being asked for speedy determination as the removal of these documents which are necessary for the corporation to conduct its business.

https://www.sec.gov/Archives/edgar/data/920749/000110801709000025/xynergy8k.htm

Shows Marc Walthers character. A liar, a thief, a con, and a fraud. And, it shows he's been doing it for a while.